Review of 2012 – EUR - Skanska

Skanska’s management structureSenior Executive TeamJohan KarlströmPresident and CEOPeter WallinEVP and CFORichard HultinEVPClaes LarssonEVPKarin LepasoonEVPMichael McNallyEVPVeronica RörsgårdEVP andHuman ResourcesRoman WieczorekEVPMats WilliamsonEVP◀◀◀◀◀◀◀◀SkanskaFinancialServicesSkanska ResidentialDevelopmentUKSkanska SwedenStrategySkanskaUSA BuildingHuman ResourcesSkanskaCzech RepublicSkanska UKControllingSkanska ResidentialDevelopmentPolandSkanska FinlandCommunicationsSkanskaUSA CivilSkanska PolandSkanska NorwayCorporate FinanceSkanska ResidentialDevelopmentCzech RepublicSkanska CommercialProperty DevelopmentNordicInvestor RelationsSkanskaLatin AmericaSkanskaInfrastructureDevelopmentReportingSkanska CommercialProperty DevelopmentEuropeSkanska CommercialProperty DevelopmentUSInformationTechnologySafetyInternal Audit andComplianceBoKlok HousingSustainableDevelopment andGreen ConstructionEthicsSkanska RentalPropertiesGreen BusinessOfficerLegal AffairsOperationalPerformance CenterResidentialKnowledgemanagementRiskManagementBusiness unitGroup staff unit/support unitAttendance of Board and committee meetingsBoardmeetingsAuditCommitteeCompensationCommitteeProject ReviewCommitteeMemberNumber of meetings 9 7 7 12Stuart Graham 9 7 7 12Johan Karlström 9 12Fredrik Lundberg 9 12Sverker Martin-Löf 9 7 7 12Sir Adrian Montague 8 12Lars Pettersson 9 7Josephine Rydberg-Dumont 9Charlotte Strömberg 9 7Matti Sundberg 9 12Anders Fogelberg 9Richard Hörstedt 9Inge Johansson 9 12Jessica Karlsson 1 1Gerardo Vergara 2 6Roger Karlström 9Thomas Larsson 91 Up to and including April 20122 As of April 2012The Chairman of the Board received EUR 180,930.5 in fees and otherBoard members received EUR 60,310.2 each. This represented anapproximate increase of 5 percent compared to 2011.In addition, in accordance with the decision of the Shareholders’Meeting, members elected by the Shareholders’ Meeting and servingon the Board’s committees each received EUR 11,487.7 for their workon the Compensation Committee, EUR 20,103.4 for their work on theProject Review Committee and EUR 14,359.6 per member of the AuditCommittee and EUR 17,231.5 to its Chairman. For a further account,see Note 37, “Remuneration to senior executives and Board members.”The Board’s communication with the Company’s auditorsAs mentioned above, the Company’s external auditors participatein all meetings of the Audit Committee. According to its ProceduralRules, the Board of Directors meets with the auditors twice a year. Onthese occasions, the auditors orally present the findings of their auditingwork. At least once per year, the Board meets the auditors withoutsenior executives being present.Operational management and internal controlThe President and CEO and the Senior Executive TeamThe President and Chief Executive Officer (CEO) is responsible forday-to-day management and oversight of the Group’s operations.The work of the President and CEO is specially evaluated at oneBoard meeting each year at which no senior executives are present.Skanska Review of 2012 – EUR version Skanska Financials 91